The central bank increases the rate of the dollar to sell banking companies, banks, civil
Baghdad, April 16 (Rn) - The Central Bank of Iraq that he decided to sell 75 thousand dollars for each banking company and 250 thousand dollars to the banks in order to reduce the civil problems that lead to high prices of the dollar against the local currency.
The deputy governor of Central Bank of Iraq, told the Kurdish news agency (Rn) that "the central bank decided to sell 75 thousand dollars for each company banking a week after the value of selling 50 thousand dollars and the sale of 250 thousand dollars to the banks of civil week after it was 200 thousand dollars."
He added that "these measures aimed at restoring the Iraqi dinar and normal," noting that "the central bank has a clear monetary policy, and limit its sales comes on the grounds of the need to find out the real customers."
He explained that "the Iraqi dinar will regain its natural state in the period after a few brief inter administrative procedures carried out by the Central Bank of Iraq."
The parliamentary Finance Committee had warned earlier in the Secretariat of the Council of Ministers of trying to dominate the monetary policy of the Central Bank of Iraq and curbing the powers of the province, noting that this was a violation of the constitution and has serious consequences on the national economy.
The mission of the Iraqi Central Bank is to maintain price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector.
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